Feasibility Study Data for the Las Vegas-Henderson-North Las Vegas, NV Metro Area

The Las Vegas-Henderson-North Las Vegas record in brief

For Las Vegas-Henderson-North Las Vegas, the agency's approval files hold 4,950 loans from FY2017 to FY2026, worth $2.80 billion of gross dollars. Las Vegas-Henderson-North Las Vegas stands among every metro and micro area, by loans, at 29 of 928. The core of Las Vegas-Henderson-North Las Vegas lending sits between $50,000 and $671,775, with a median near $250,000; so the median stands at 1.20x the nationwide median. In Las Vegas-Henderson-North Las Vegas the program mix is 4,197 loans in 7(a) against 753 under 504. Franchises make up 10.4% of approvals.

Las Vegas-Henderson-North Las Vegas: who and where

Inside the asset classes we list for Las Vegas-Henderson-North Las Vegas, full-service restaurant leads with 236 loans, trailed by limited-service restaurant with 200 and medical office (140). Also 3,683 loans in Las Vegas-Henderson-North Las Vegas sit outside every class. Every loan in Las Vegas-Henderson-North Las Vegas sits in Clark County, NV, at 4,950 loans, so our work around Las Vegas-Henderson-North Las Vegas a single-county exercise.

Las Vegas-Henderson-North Las Vegas: holders of record

Holders shown for Las Vegas-Henderson-North Las Vegas are copied from SBA's official Las Vegas-Henderson-North Las Vegas records of the 4,950 approvals in Las Vegas-Henderson-North Las Vegas, held now or earlier; the entries assign every loan and pass no judgment on how lenders underwrite. Further, under 7(a) in Las Vegas-Henderson-North Las Vegas, SBA lists U.S. Bank, National Association ($103.2 million across 736 loans), then Zions Bancorporation, National Association ($140.8 million across 411 loans). For 504 lending around Clark County, NV, SBA names The Mortgage Capital Development Corporation (319 loans, $302.6 million); next, Nevada State Development Corporation, holding 301 loans worth $278.3 million. A Las Vegas-Henderson-North Las Vegas borrower may ask the leading Las Vegas-Henderson-North Las Vegas holder U.S. Bank, National Association or other Las Vegas-Henderson-North Las Vegas holders near Clark County, NV what documentation it requires, then fit the Las Vegas-Henderson-North Las Vegas study to answer it.

Las Vegas-Henderson-North Las Vegas: cancellations and charge-offs

Among Las Vegas-Henderson-North Las Vegas approvals from FY2017 to FY2024, at least 12.7% were cancelled after approval in Las Vegas-Henderson-North Las Vegas, and that is a floor; the real Las Vegas-Henderson-North Las Vegas figure may be higher. Besides, among disbursed Las Vegas-Henderson-North Las Vegas loans approved in FY2017 through FY2021, 7.3% have been charged off to date, again a floor; 4.9% went to charge-off within five years, across a set of 1,907 loans. Across the years, Las Vegas-Henderson-North Las Vegas peaked in FY2025 at 718 loans and $381.3 million, and was weakest in FY2020 at 340 loans and $182.1 million.

Las Vegas-Henderson-North Las Vegas: testing a project

For Las Vegas-Henderson-North Las Vegas, begin with demand: who passes in Clark County, NV, who visits from nearby, set against Las Vegas-Henderson-North Las Vegas overall, and how much room 236 full-service restaurant loans leave. Cost: $250,000 is the Las Vegas-Henderson-North Las Vegas median and $50,000 to $671,775 the central range, so a Clark County, NV site must price itself against that $250,000 benchmark. Repayment: Las Vegas-Henderson-North Las Vegas coverage survives a sluggish year against the 12.7% floor for cancellation with the 7.3% charge-off rate. The Las Vegas-Henderson-North Las Vegas appraisal has to support the figure assumed. Las Vegas-Henderson-North Las Vegas applies the July 2023 boundaries; a record whose county has no match appears in none of every area, Las Vegas-Henderson-North Las Vegas too, yet the totals cover loans sitting outside the named classes.